Studio apartment for sale

The Pack Horse, Nelson Square, Bolton BL1 1AQ

Full description

Size: 15.94 sqm

Excellent investment opportunity – a spacious en-suite bedroom in a converted period hotel in the heart of Bolton. more info...

We are pleased to present this chance to invest in the famous ex Pack Horse Hotel in Bolton. It was transformed in 2012 into luxury student accommodation. Located only ten minutes away from the university The Pack Horse is perfectly placed and is a popular choice amongst students.

This unit offered is a spacious en-suite bedroom with LCD TV, plenty of storage and work station.

The beautiful period building on Nelson Square offers students all sorts of amenities. Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition, secure bike storage encourages students to get around town in a healthy and environmentally friendly way.

The large communal area, the hotel’s old ballroom, acts as the social hub of the property, with pinball machines, pool tables and a projector for movies. In the studios the luxury doesn’t end, with free Wi-Fi and wall mounted LCD TVs as well as onsite laundry facilities, a private residents gym and study room all situated within the development.

The development is managed by Primo Property Management, who are ANUK accredited management service. The company has a national presence, managing both student and residential accommodation in Bolton, Glasgow, Leeds, Manchester (Fallowfield), Nottingham, Sheffield and Plymouth. The floods of recommendations they receive every year are proof that their properties are both impressive on paper, and in reality.

Bolton itself has a great reputation for investments, with strategic employment and residential developments, in the Town Centre, Logistics North and Rivington Chase taking shape regeneration across the borough is firmly set to continue. House prices in the area are also on a steady rise and have already increased by 22% in the last 5 years alone (Zoopla – September 2018.)

Enquire now to not miss out on this opportunity.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Less info

Key features

Key features Luxury development in converted period hotel
Key features En-suite
Key features Onsite bike storage
Key features Spacious games room
Key features Managed by ANUK accredited management service
Key features Local to the university
Key features Great transport routes

Financial Performance*

Purchase price £32,000
Gross rent £3,520
Ground rent £150
Service charge £1,300
Lettings fees £282
Net income £1,788
Gross yield 11%
Net yield 5.59%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Studio apartment for sale

The Pack Horse, Nelson Square, Bolton BL1 1AQ,

Purchase price £32,000
Gross rent £3,520
Ground rent £150
Service charge £1,300
Lettings fees £282
Net income £1,788
Gross yield 11%
Net yield 5.59%

Full description

Excellent investment opportunity – a spacious en-suite bedroom in a converted period hotel in the heart of Bolton. more info...

We are pleased to present this chance to invest in the famous ex Pack Horse Hotel in Bolton. It was transformed in 2012 into luxury student accommodation. Located only ten minutes away from the university The Pack Horse is perfectly placed and is a popular choice amongst students.

This unit offered is a spacious en-suite bedroom with LCD TV, plenty of storage and work station.

The beautiful period building on Nelson Square offers students all sorts of amenities. Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition, secure bike storage encourages students to get around town in a healthy and environmentally friendly way.

The large communal area, the hotel’s old ballroom, acts as the social hub of the property, with pinball machines, pool tables and a projector for movies. In the studios the luxury doesn’t end, with free Wi-Fi and wall mounted LCD TVs as well as onsite laundry facilities, a private residents gym and study room all situated within the development.

The development is managed by Primo Property Management, who are ANUK accredited management service. The company has a national presence, managing both student and residential accommodation in Bolton, Glasgow, Leeds, Manchester (Fallowfield), Nottingham, Sheffield and Plymouth. The floods of recommendations they receive every year are proof that their properties are both impressive on paper, and in reality.

Bolton itself has a great reputation for investments, with strategic employment and residential developments, in the Town Centre, Logistics North and Rivington Chase taking shape regeneration across the borough is firmly set to continue. House prices in the area are also on a steady rise and have already increased by 22% in the last 5 years alone (Zoopla – September 2018.)

Enquire now to not miss out on this opportunity.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Key features

TicksLuxury development in converted period hotel
TicksEn-suite
TicksOnsite bike storage
TicksSpacious games room
TicksManaged by ANUK accredited management service
TicksLocal to the university
TicksGreat transport routes

Amenities

Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport
Double Glazing Double Glazing

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.